VEDANTA
Red Arrows (Resistance Points):
The three red arrows indicate the points where the stock touched the trendline and then faced a decline.
These points represent resistance levels where selling pressure pushed the price down.
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Breakout Attempt:
Towards the end of the chart (around May 2025), the stock is closing above the trendline (at ₹448), which could be a potential breakout signal.
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DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
Vedantatrend
Vedanta Limited Bullish ( Range breakout daily chart)Vedanta ltd (VEDL) is bullish for next few days or weeks.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.